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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Honeywell Flour Mills's accounts receivables for the quarter that ended in Jun. 2026 was ₦7,056 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Honeywell Flour Mills's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 5.70.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Honeywell Flour Mills's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was ₦-25.45.
1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Honeywell Flour Mills's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Honeywell Flour Mills's accounts receivable are only considered to be worth 75% of book value:
Honeywell Flour Mills's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.
If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.
Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.
Honeywell Flour Mills Accounts Receivable Related Terms
Honeywell Flour Mills Accounts Receivable Historical Data
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The historical data trend for Honeywell Flour Mills's Accounts Receivable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Accounts Receivable of ₦7,056 Mil mean?
Honeywell Flour Mills (NSA:HFM) has a Accounts Receivable of ₦7,056 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Honeywell Flour Mills and its competitors.
Is Honeywell Flour Mills' Accounts Receivable too high?
Honeywell Flour Mills' current Accounts Receivable is ₦7,056 Mil. Overall, Honeywell Flour Mills has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Accounts Receivable compare to KHC and GIS?
Honeywell Flour Mills' Accounts Receivable of ₦7,056 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Honeywell Flour Mills and its competitors. Honeywell Flour Mills's current Accounts Receivable is ₦7,056 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Fairly Valued. The stock's GF Value™ is ₦14.56, compared to a current price of ₦16.00 — trading 9.9% above its estimated fair value. The current Accounts Receivable is ₦7,056 Mil. Honeywell Flour Mills' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Honeywell Flour Mills (NSA:HFM), the current Accounts Receivable is ₦7,056 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued.
The current stock price of ₦16.00 is trading 9.9% above its estimated GF Value™ of ₦14.56.
GuruFocus considers Honeywell Flour Mills to be Fairly Valued.
Key valuation signals for NSA:HFM:
Accounts Receivable: ₦7,056 Mil
GF Value™: ₦14.56 vs. price of ₦16.00 (9.9% above fair value)
No single metric tells the full story. See the NSA:HFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
74GF Score
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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